Summary
ALISTAIR Darling yesterday admitted for the first time that the controversial takeover of HBOS might not go ahead.
The Chancellor made the key concession in a letter to Alex Salmond, the First Minister, in which he also stated that, if the deal were to falter, it would be possible for HBOS to seek a government bail-out of its own.See the full content of this document
Extract
Darling Admits That the Takeover Might Not Go Ahead
Downing Street has made a re-capitalisation offer t...
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